Alcide,
provider of the first Microservices Firewall for application networking
security, has raised $7M in Series A funding from new investor CE
Ventures alongside existing investors Intel Capital and Elron.

The funding, announced only seven months after the Alcide cloud-native
security platform’s general availability and the company’s selection as
a Gartner Cool Vendor, will be used to support a go-to-market strategy
and a significant expansion into the US and EMEA markets.

Ben Weiss, partner at CE Ventures, will join Alcide’s board as part of
the round.

The Alcide cloud-native platform secures the plethora of cloud
architectures common in today’s cloud-native world and composed of
different apps, architecture and infrastructure – each with its own
unique needs, requirements and security protocols. The Alcide
Microservices Firewall brings best-of-breed application-aware
micro-segmentation, always on threat intelligence, powered by Alcide’s
embedded policies enforcement capabilities.

The Alcide machine-learning-driven Firewall supports developers and
security teams with a unified, automated and simple way to manage
cross-cloud security, empowering them to define, apply and enforce
embedded security policies across clouds for continuous governance, risk
and trust assessment.

With Alcide embedded firewall policies deployed, developers are now able
to whitelist their security requirements at design time and
automatically enforce them at runtime.

“We are excited to support the Alcide team as they address the current
market need for a new kind of a cloud firewall,” said Ben Weiss, partner
at CE Ventures. “Alcide’s Microservices Firewall provides discovery of
infrastructure and application dependencies, as well as
difficult-to-obtain enforcement of unified security controls, wrapped up
in a simplified security platform.”

“As cloud adoption continues to grow rapidly, businesses are faced with
new security blind spots inherent in distributed environments,” said
Anthony Lin, Intel Capital vice president and managing director of Intel
Capital International. “Alcide’s unified security solution helps to
address these risks by enabling businesses to uniformly secure and
control their environments – regardless of their cloud provider,
workload or third-party services.”

Today’s announcement builds on major company momentum for Alcide over
the past 10 months, starting with an initial seed round of $5.2M in
December 2017. Alcide then announced the general availability of its
security platform in April 2018, was named a Gartner Cool Vendor for
Cloud Security in May and released a product update that included AWS
Lambda support and availability on AWS marketplace and Azure
marketplace.

“We built Alcide as a security solution that can enforce unique
app-based security policies across all services, uniformly and
automatically, but can also address the real need of security and DevOps
teams to have one consolidated and comprehensive approach that includes
the network, applications and external services,” said Ranny Nachmias,
CEO and co-founder of Alcide. “We’re excited to use this funding to
bring our Microservices Firewall to new markets and expand our sales and
marketing teams, on the leading edge of the cloud-security revolution.”

Alcide has also expanded its presence into the US and EMEA markets, with
new hires and channels that will support business development.

Alcide
has also been selected as one of the first security solutions available
in the new AWS Marketplace for Containers. AWS customers running and
managing containers can now take advantage of Alcide’s cloud security
platform, providing real-time visibility and observability across
container environments and setting automated application-aware security
policies.

“Businesses are increasingly moving towards the cloud to cut costs and
increase agility, with majority of companies choosing AWS as the cloud
provider of choice”, said Ranny Nachmias, CEO and Co-Founder of Alcide.
“We are excited to be invited and become one of the first security
solutions available in the new AWS Marketplace for Containers. Providing
an extra layer of network protection to AWS’ existing cloud
infrastructure, we aim to continuously offer our customers a simple and
seamless deployment model through the marketplace, combined with our
full management, control and enforcement of any type of cloud workload.”

The Alcide cloud-native security platform provides a single view into
containerized environments and offers workload-level protection as an
additional layer of security. Through application-aware security
controls for cloud infrastructure, workloads and external service mesh,
Alcide enables DevOps and security teams to effectively manage
application and networking security. Companies moving to cloud-native
app architecture can use Alcide to reduce and manage risk and exposure
in unique workloads.

Expanding its available delivery options for cloud-enabled software, AWS
Marketplace is adding support for software products that use Docker
containers. The AWS Marketplace for Containers will now support
container products that run on any Docker-compatible runtime, including
Amazon Elastic Container Service (Amazon ECS) and Amazon Elastic
Container Services for Kubernetes (Amazon EKS).